2026-09-22T13:49:37-07:00 2025-12-31 990 2025-01-01 820218879 WESTMARK CREDIT UNION WEST 2085232722 2520 Channing Way Idaho Falls ID 83403 Davin Garlick Chief Financial Officer 2085232722 2026-05-27 2025 Mike Schenck 2520 Channing Way Idaho Falls ID 83403 99753963 0 X westmark.org X 1954 ID Provide traditional banking services to more than 82,700 members including consumer loans, real estate loans, commercial loans, checking, savings, deposit accounts and electronic banking services. 7 7 332 11 1359245 1359245 0 0 78343056 92842933 6606812 6908781 4921945 2249 89871813 99753963 0 0 43287042 46101425 22920389 25895437 0 0 0 16212794 20603753 82420225 92600615 7451588 7153348 1436932098 1627542103 1316403608 1499316886 120528490 128225217 Provide traditional banking services to more than 82,700 members including consumer loans, real estate loans, commercial loans, checking, savings, deposit accounts and electronic banking services. 0 0 33542872 67320029 Granted $577 million in consumer and commercial loans to credit union members. 5414008 14563104 Granted $52 million in first mortgage and other real estate loans to credit union members 51786687 9600555 Provided checking, savings and other traditional banking services to credit union members 1857048 1359245 Unrelated Business programs of Financial services and ATM usage fees by non-members 1857048 0 1359245 92600615 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14878 0 0 332 1 1 1 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Davin Garlick CPA 2085242609 2520 Channing Way Idaho Falls ID 83403 Mike Schenck Chief Executive Officer 40 0 X X X 468692 0 0 Jonathan Galusha Chief Branch Experience Officer 40 0 X X X 330082 0 0 Davin Garlick EVP/Chief Financial Officer 40 0 X X 302745 0 0 Jayme O'Rullian VP of WIS Administration 40 0 X 291094 0 0 Tammy Ridgwell EVP/Chief Administrative Officer 40 0 X X 287553 0 0 Jade Beckman EVP/Chief Member Experience Officer 40 0 X X 274454 0 0 Don West Chief Information Officer 40 0 X X 250327 0 0 Sara Plothow Chief Lending & Strategy Officer 40 0 X X 229403 0 0 Trevor Hansen Chief Lending & Infastructure Officer 40 0 X X 225497 0 0 Colene Magera Sr. VP of Branches - Eastern Region 40 0 X 180295 0 0 Kelli Forbord SVP Real Estate Lending 40 0 X 165352 0 0 Mike Ehlers Board Chairman 2 0 X 0 0 0 Nathan Stevens Vice Chair 2 0 X 0 0 0 Rebecca Adams Vice Chair 2 0 X 0 0 0 Steve Hammon Secretary 2 0 X 0 0 0 Derik Nielsen Treasurer 2 0 X 0 0 0 Will Jenson Director 2 0 X 0 0 0 Mike Parker Director 2 0 X 0 0 0 3005494 0 0 42 1 1 0 Gines Commercial Cleaning LLC 2223 Darah St Idaho Falls ID 83404 Cleaning services 188679 Wright Law Offices 477 Shoup Ave 109 Idaho Falls ID 83402 Legal Services 151212 B&K Lawn & Landscape 2300 Endeavor St Idaho Falls ID 83401 Landscaping and Maintenance 105752 3 0 Interest Charged for Loans 522130 79346448 79346448 0 0 Fees Charged for Banking Services 522130 11799335 11799335 0 0 Investment Services Income 522130 1314897 0 1314897 0 ATM Fees Charged to Non-Members 522130 44348 0 44348 0 Insurance Products Sold 522130 337905 337905 0 0 0 0 0 0 92842933 6908781 6908781 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2249 2249 0 0 2249 99753963 98394718 1359245 0 46101425 3005494 16494571 518002 4129402 1747968 82657 4883741 3072496 191883 340284 2501259 355343 616263 5275269 1740961 142269 Dues & Subscriptions 153079 Postage 713092 535157 92600615 0 0 0 64417633 72205651 1232202273 1418990530 1052151 1764638 171623 305350 6000860 6764909 54102649 19677771 30711384 34424878 91179824 81363304 11196350 11722843 1436932098 1627542103 16987773 21362625 36000000 125075480 1263415835 1352878781 1316403608 1499316886 X 0 0 0 0 120528490 128225217 120528490 128225217 1436932098 1627542103 X 7153348 176280 0 0 0 367099 X 0 1 X 1 0 9994195 0 9994195 26642552 0 8874192 17768360 17487 0 17487 0 16294418 0 10786092 5508326 1153997 0 0 1153997 34424878 AFS 39689876 F HTM 41673428 C 81363304 0 Member & Non-Member Deposits 1352878781 1352878781 X X 1 1 X X X X 1 1 0 Mike Schenck Chief Executive Officer 370437 0 93989 0 4266 0 15409 0 0 0 484101 0 0 0 Davin Garlick EVP/Chief Financial Officer 267746 0 34579 0 420 0 13362 0 0 0 316107 0 0 0 Jade Beckman EVP/Chief Member Experience Officer 239629 0 33019 0 1806 0 12232 0 0 0 286686 0 0 0 Tammy Ridgwell EVP/Chief Administrative Officer 251086 0 35072 0 1395 0 19413 0 0 0 306966 0 0 0 Jayme O'Rullian VP of WIS Administration 82227 0 208277 0 590 0 12985 0 0 0 304079 0 0 0 Don West Chief Information Officer 217692 0 29862 0 2772 0 5794 0 0 0 256120 0 0 0 Sara Plothow Chief Lending & Strategy Officer 199568 0 29464 0 371 0 10018 0 0 0 239421 0 0 0 Trevor Hansen Chief Lending & Infastructure Officer 198539 0 26549 0 409 0 9929 0 0 0 235426 0 0 0 Jonathan Galusha Chief Branch Experience Officer 277030 0 50279 0 2772 0 18079 0 0 0 348160 0 0 0 Colene Magera Sr. VP of Branches - Eastern Region 161150 0 17262 0 1883 0 6524 0 0 0 186819 0 0 0 Kelli Forbord SVP Real Estate Lending 148596 0 15480 0 1276 0 7293 0 0 0 172645 0 0 0 Schedule J, Part I, Line 1a Companion airfare is provided for travel to a credit union conferences for executive. Health club membership dues are paid for management employees. The cost is less than $600 a year. Schedule J, Part I, Line 4 A member of senior management received a severance payment in 2025. Senior management and other managers participate in a 457(b) deferred compensation plan. Form 990, Part VI, Section A, Line 6 Westmark Credit Union has more than 82,000 members. Membership is limited to occupational groups in a specified geographical area and members must have a $5 deposit in a primary savings account. Form 990, Part VI, Section A, Line 7a Credit Union Members 16 and older elect the 7 member Board of Directors Form 990, Part VI, Section A, Line 7b Members elect Board Members and must approve merging with or acquiring other credit unions. Form 990, Part VI, Section B, Line 11b Approved at a monthly Board of Directors meeting and available upon request. Form 990, Part VI, Section B, Line 12c The conflict of interest statements are signed annually by the Board Members and other key officers. Form 990, Part VI, Section B, Line 15 The Credit Union uses a third party to determine wages and salaries for all employees including executives. The third party uses industry specific data to give recommended salary ranges. The board of directors determines the CEOs salary and uses the third party information to inform their decision. Form 990, Part VI, Section C, Line 19 Monthly financial statements are reported in each branch location and annual results are presented in the annual report at the annual credit union member meeting. Other information would be available upon request of the board of directors. Form 990, Part XI, Line 9 Change in unrealized gain or loss on investments A valid extension was filed. The tax return is not late.